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Algorhythm Holdings (RIME) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 14, 2026

Algorhythm Holdings (RIME) reported revenue of $3.0M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +25% from the quarter before. Operating margin was -89.9%, net loss $4.1M (138.1% of revenue).

Revenue$3.0M
Year over year+11%
Quarter over quarter+25%
Operating margin-89.9%
Net earnings−$4.1M

Algorhythm Holdings, Q2 2026: revenue $3.0M (+11% year over year), operating margin -89.9%, net loss $4.1M, operating cash flow −$2.7M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$3.0M+25%+11%
Operating profit−$2.7M——
Net earnings−$4.1M——
Operating cash flow−$2.7M——

What changed

Revenue was $3.0M in Q2 2026, up 11% year over year and up 25% from the previous quarter.

Operating costs exceeded revenue by $2.7M, an operating margin of -89.9%. Total costs grew 45% against revenue growth of 11%. The fastest-growing cost line was Cost of revenue (+141%). The quarter ended with a net loss of $4.1M, narrower than the previous quarter's $5.4M loss. Minority interests bore $320K of it: to shareholders the quarter was a loss of $3.8M.

Operating cash flow was −$2.7M. Non-cash charges added back $3K of depreciation and amortization and $196K of share-based compensation. Working capital and other items added $1.3M. Capital expenditures of $5K exceeded it, leaving free cash flow of −$2.7M.

Questions

What was Algorhythm Holdings' revenue in the second quarter 2026?

Algorhythm Holdings (RIME) reported revenue of $3.0M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +25% from the quarter before.

Was Algorhythm Holdings profitable in the second quarter 2026?

Operating loss was $2.7M (-89.9% of revenue) and net loss $4.1M.

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Source: Algorhythm Holdings 10-Q on SEC EDGAR.